
List of receiving entities for Sport Clubs IPO
The company stated that the retail subscription period will be limited to just one day.
Sport Clubs plans to offer 34.32 million shares, representing 30% of its SAR 250 million share capital, at nominal value of SAR 1, according to data compiled by Argaam.
The receiving entities are Derayah Financial, Al Rajhi Capital, SNB Capital, Saudi Fransi Capital, Riyad Capital, Albilad Capital, AlJazira Capital, Alistithmar Capital, Alinma Investment, Yaqeen Capital, Alkhabeer Capital, SAB Invest, ANB Capital, Sahm Capital, GIB Capital, Musharaka Capital, EFG Hermes Saudi Arabia, Osool & Bakheet Investment, and Awaed Capital.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Arab News
7 minutes ago
- Arab News
Otaiqah season boosts date industry, culture
RIYADH: The fourth Otaiqah Dates Season has been launched to promote Saudi Arabia's date industry, which contributes around 12 percent to the country's agricultural gross domestic product and exports to more than 113 countries, the Saudi Press Agency reported on Sunday. Held in Riyadh's Otaiqah Central Market, the event is organized by Riyadh Development Company in partnership with the Ministry of Environment, Water and Agriculture, and the National Center for Palms and Dates, and supported by Riyadh Municipality. The Culinary Arts Commission and the Saudi Tourism Authority, through the Visit Saudi platform, are also participating. Running for four months during the date harvest, it is the Kingdom's longest seasonal date market, bringing together traders, farmers, and consumers from across Saudi regions. A dedicated children's area offers educational and recreational activities such as palm planting, workshops, and interactive plays. Additional features include cultural performances and food trucks offering traditional dishes in a community setting.


Arab News
7 minutes ago
- Arab News
Fashion Association elevates Saudi talent with strategic partnerships
MAKKAH: As Saudi Arabia's fashion sector grows, the Fashion Association is emerging as a key force supporting young creatives through a network of high-impact partnerships. Rajaa Moumena, a board member of the association and CEO and founder of the Future Institute of Higher Education and Training, told Arab News that these partnerships are more than symbolic — they are practical pipelines toward skills development and empowerment. She described the partnerships as bridges linking young creatives to an integrated ecosystem, offering them access from training institutes and workshops to branding experts, content creators, and suppliers. The ecosystem enables emerging designers to gain exposure to a range of experiences, helping them progress more efficiently in their professional journey. Among the association's recent partnerships is that with the Future Institute for Higher Education and Training, which offers specialized fashion programs. Another collaboration with Alem Al-Ahjar (Gemstones of the World) supports entrepreneurship in the jewelry sector. • Among the Fashion Association's recent partnerships is that with the Future Institute for Higher Education and Training, which offers specialized fashion programs. • Another collaboration with Alem Al-Ahjar (Gemstones of the World) supports entrepreneurship in the jewelry sector. • While the fashion sector naturally draws a large number of women, the association's programs are open to all. Additional agreements with factories provide hands-on training to male and female designers to help bridge the gap between theory and practice, strengthening job market readiness. The partnerships also contribute to connecting young professionals directly with employers and potential collaborators, offering valuable early exposure and building their confidence. The association's strategy, which begins with equipping members with foundational knowledge, is followed by practical experience and industry integration. The broader goal, Moumena said, is to prepare a new generation of creative professionals capable of competing at national and international levels while staying grounded in Saudi culture and identity. Creativity alone is not enough; you must translate it into real value that touches people and meets their needs. Rajaa Moumena, Future Institute of Higher Education and Training CEO and founder While the fashion sector naturally draws a large number of women, particularly in areas such as accessories, perfumes and jewelry, the association's programs are open to all. Moumena also acknowledged challenges in aligning partnership goals with the association's long-term vision and in managing program execution. Despite these hurdles, she said the association is committed to delivering outcomes that benefit its members. The growing awareness among designers that global distinction begins with local roots has resulted in creations that embody the beauty of the Saudi region and society, contributing to products that are gaining popularity both inside and outside the Kingdom. 'The market needs more creative minds,' Moumena encouraged young professionals. 'Do not rush. Plan, understand your audience, and build your project on a strong foundation. 'Creativity alone is not enough; you must translate it into real value that touches people and meets their needs.'


Argaam
2 hours ago
- Argaam
ACWA Power's business portfolio to double in 5 years: CEO
The size of ACWA Power Co. 's business portfolio doubled during the last three years, CEO Marco Arcelli stated. He expects it to double again over the coming five years, as the company proceeds with achieving its mission on a larger scale and with a larger impact. 'What we have achieved so far in 2025 is a testimony to the size of our operations and the resilience of our business model and long-term partnerships,' Arcelli added, in a statement, commenting on financial results for Q2 2025. 'Our growing portfolio, backed by frameworks like our strategic partnership with the Public Investment Fund, as well as our ambitious expansion into new markets, and other long-term strategic agreements for future energy transition programs, are pillars that embody our commitment to ensuring cleaner and more sustainable future,' he continued. ACWA Power earlier reported a 2% decrease in H1 2025 net profit to SAR 909 million, from SAR 926.8 million in the year-earlier period. The company's net profit fell 23.6% in Q2 2025 to SAR 481.8 million, Argaam 's data showed.